BlackBerry (BB, Financial) experienced a significant stock price drop of 5.05%, trading at $5.26 per share. The trading volume reached 24.66 million shares with a turnover rate of 4.17% and a price fluctuation of 5.59%. Recent financial reports indicate that BlackBerry achieved $143 million in revenue and a net profit of $12 million, resulting in an earnings per share of -$0.02 and a gross profit of $108 million. The price-to-earnings ratio stands at -25.13.
Regarding institutional ratings, among the nine institutions that rated the stock, 33% recommended buying, while 67% suggested holding, with no sell recommendations. Within the software services sector, where BlackBerry operates, the overall decline was 0.41%. Notable stocks in this sector include Firefly Neuroscience, Inc., Society Pass Incorporated, and Datchat Inc C/Wts 17/08/2026 (To Pur Com), which saw significant gains. Cyngn Inc., Firefly Neuroscience, Inc., and Society Pass Incorporated were particularly active, with turnover rates of 4021.53%, 2208.12%, and 868.10%, respectively. Stocks with large price fluctuations included Firefly Neuroscience, Inc., Society Pass Incorporated, and Cyngn Inc., with amplitudes of 243.73%, 90.38%, and 89.06%.
BlackBerry, once renowned as a leading smartphone manufacturer, has transformed into a provider of secure communication software for enterprises. The company specializes in endpoint management and protection, catering to regulated industries such as government, and offers embedded software for automotive, medical, and industrial markets.
